Last Lecture
Conclusion
Conclusion
• Week 1
Introduction to Business law
General, Need of Law, Sources of
Law, Commonwealth, Pakistan’s Law
Conclusion
• Week 2 & 3
Law of Contract
Contact Act 1872, Law of Contract,
Agreement, Agreement: Create
Obligations, Contract enforceable by
Law, Essentials of Valid Contract,
Types of Contract, Flaws in Capacity
to Contract, Various Discharge of
Contract
Conclusion
• Week 4 - 6
Law of Partnership
Partnership Act 1932, Introduction to
Partnership law, kinds of partners,
Rights & Duties of Partnership,
characteristics, Classes of Partners,
Dissolution of Partnership & Firm,
Registration of Firm
Conclusion
• Week 7
Sale of Goods
Distinction of Sale & Sell, Buyers
Rights, Seller’s Rights (or Buyer’s
Duties), Rights of Unpaid Seller
Conclusion
• Week 8 & 9
Principal & Agent
Principal & Agent, Creation of
Agency, Classes of Agents, , Rights &
Duties of Agents, Termination of
Agency
Conclusion
• Week 10 &11
Arbitration
Arbitration Act 1940, Advantages of
arbitration, Who can be Arbitrator,
Duties of Arbitrator, Who may be
Referred, What can be referred,
What cannot be referred
Conclusion
• Week 12
Negotiable Instruments
Negotiable Instruments, Promissory
Note, Bill of exchange, Cheque,
Distinction Between Bill & Cheque,
Distinction Between Note & Bill,
When a Banker must refuse Cheque
Conclusion
• Week 13 - 15
Company Law
Classes of Company, Privileges of
Private Company, Partnership Vs.
Company, Public & Private Companies,
Memorandum and Article of
Association, Membership, Termination
of Membership, Type of Director, Types
of Meeting, Resolutions, Compulsory
Winding up Under Order of The Court
Conclusion
• Week 16
Role of IPO
IPO Pakistan
Taxation
Recommended Books
•Text Book
“Business law” by M.C.Shukla
•Bare Act
Companies ordinance 1984, Contract Act 1872,
Partnership Act 1932, Arbitration Act 1940
•Reference book
Khawaja Amjad Saeed: Mercantile and Industrial
Law in Pakistan, I.R. Hashmi: Mercantile LawRelevant Acts and Ordinances.
•Reference website
www.secp.gov.pk, http://ipo.gov.pk/Default.aspx